MSA Safety CFO Lee McChesney Resigns to Accept New Opportunity; Elyse Brody Appointed Interim CFO

Rhea-AI Summary

MSA Safety (NYSE: MSA) announced the resignation of Chief Financial Officer Lee B. McChesney, effective March 21, 2025. McChesney, who became CFO in October 2022, is departing to take a similar position at another public company. Elyse L. Brody, currently Executive Director of Financial Planning and Analysis and Strategy, has been appointed as interim CFO while the company conducts a comprehensive search for a permanent replacement.

The company, headquartered in Cranberry Township, Pennsylvania, is a global leader in advanced safety products and technologies. MSA Safety reported revenues of $1.8 billion in 2024 and employs over 5,000 associates across more than 40 international locations.

Positive

• Smooth transition plan with immediate interim CFO appointment
• Strong 2024 revenue performance of $1.8 billion

Negative

• Unexpected departure of CFO creates leadership uncertainty
• Short CFO tenure of only 2.5 years indicates potential management instability

PITTSBURGH, March 13, 2025 /PRNewswire/ --  MSA Safety Incorporated (NYSE: MSA) today announced it has accepted the resignation of its Chief Financial Officer, Lee B. McChesney, effective March 21, 2025. Mr. McChesney, who was elected CFO in October of 2022, is leaving to accept a similar position at another public company.

Steve Blanco, MSA Safety President and CEO, said the company has initiated a comprehensive search for a new CFO. In addition, MSA Executive Director of Financial Planning and Analysis and Strategy, Elyse L. Brody, has been appointed interim CFO.

"We extend our thanks to Lee for the contributions he has made since joining the company," Mr. Blanco commented. "Lee was a strong advocate for the MSA Business System, which he utilized in his continuous improvement efforts to strengthen the foundation within our Finance organization in pursuit of functional excellence," he said. 

About MSA Safety 
MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2024 revenues of $1.8 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a team of more than 5,000 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

FAQ

When will MSA Safety CFO Lee McChesney's resignation take effect?

Lee McChesney's resignation from MSA Safety will take effect on March 21, 2025.

Who has been appointed as MSA Safety's interim CFO?

Elyse L. Brody, previously Executive Director of Financial Planning and Analysis and Strategy, has been appointed as interim CFO.

What were MSA Safety's revenue figures for 2024?

MSA Safety reported revenues of $1.8 billion for 2024.

How long did Lee McChesney serve as CFO at MSA Safety?

Lee McChesney served as CFO from October 2022 to March 2025, approximately 2.5 years.